Fox Ad Revenue Slips to $1.2B, But Profit Rises to $704M ...Middle East

Fox Corp. beat Wall Street estimates with its fiscal third-quarter earnings report Wednesday, with revenue hitting $3.4 billion and net income growing to $704 million. The gain in profits was due to last year’s settlement at Fox News, combined with a gain on the value of its USFL assets, which it merged with the XFL […]

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